Nextstep Ministires

Analysis

Nextstep Ministires is a registered charity in United States, based in Millbrae, CA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nextstep Ministires reported income of $274k and spending of $213k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $274k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nextstep Ministires sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Freedom to Captives ($274k), Reach Shirati ($274k) and Generations Incorporation ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $37k (17% of expenses). At year end it held assets of $108k against liabilities of $0, net assets of $108k.